Brief: Navigator Q4 Net Profit Of 34 Mln Euros, Up 64% YoY

Navigator SA

26/01/2021 06:36

Jan 26 (Reuters) - Navigator  NVGR.LS :
    * SAID ON MONDAY Q4 TURNOVER 341.4 MILLION EUROS, DOWN 17.5%
VERSUS YEAR AGO
    * Q4 EBITDA 75.1 MILLION EUROS, UP 4.5% VERSUS YEAR AGO
    * Q4 NET PROFIT 34.0 MILLION EUROS, UP 63.6% VERSUS YEAR AGO
    * Q4 FREE CASH FLOW GENERATION 63 MILLION EUROS VERSUS 61
MILLION
EUROS YEAR AGO
    * NAVIGATOR OPERATED AT FULL CAPACITY OVER THE QUARTER,
CONTROLLING ITS STOCK LEVELS AND MANAGING ITS ORDER BOOKS
    * THERE REMAINS GREAT UNCERTAINTY AS TO THE DURATION AND
IMPACT OF
THE CURRENT LOCKDOWNS IN EUROPEAN COUNTRIES AND THE POTENTIAL
EFFECTS OF THE 2ND/3RD WAVE ON INTERNATIONAL MARKETS
    *  THE IMPACTS ON THE GLOBAL ECONOMY AND ON THE GROUP'S KEY
MARKETS, AS WELL AS ON THE ACTIVITY OF THE PRINTING AN OFFICE
PAPER SECTORS MAY RESULT IN A REDUCTION IN PAPER ORDERS DURING
THE FIRST QUARTER

    
    
 Source text: https://bit.ly/3iOhHAH
    
 Further company coverage:  NVGR.LS  
   


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